Legal action over trackers, Ophelia to cost insurers less than €111m, Ganley promises jobs

A Dublin-based lawyer is hoping to bring a test case to the High Court in the first half of next year, seeking compensation for those affected by the tracker mortgage scandal. Fiona Reddan has the details.

Staying with the tracker issue, Joe Brennan goes through where the banks are currently at. Joe also recounts how our financial institutions managed to get themselves in such a bind while Cliff Taylor pinpoints the key moment in the saga.

Galway businessman Declan Ganley has told the US state of Pennsylvania that his company, Rivada Networks, will create up to 6,000 jobs there if it wins a contract to build a new telecommunications network for its emergency services. Mark Paul reports.

Joe Brennan also reports that industry sources are saying that the insurance bill for Storm Ophelia will come in at less than ¤111 million.

Storm Ophelia insurance costs unlikely to exceed €111m

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Tracker scandal: is your bank playing fair...or not?

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Central Bank hopes ‘moral suasion’ will help banks do right thing

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Minister provides lenient cut-off date on new stamp duty rate

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Eoin Burke -Kennedy goes through the Finance Bill which was published on Thursday and finds thatcommercial property deals signed prior to October 11th, the day before last week's budget, will not be liable to the new 6 per cent rate of stamp duty. He tells us that Minister for Agriculture Michael Creed has welcomed two key measures in the Finance Bill in relation to stamp duty on agricultural land transactions. Eoin also informs us that tech start-ups and other small businesses will be able to offer key personnel tax-efficient stock options under a new Government scheme designed to help firms attract and hold on to talented staff.

Stobart Air, the operator of the Aer Lingus regional franchise has said it plans to grow its route offering as the IAG-owned carrier grows its transatlantic offering. Peter Hamilton reports.

John FitzGerald outlines how globalisation has benefitted Ireland.

Mark Paul in his Caveat column says that if Goldman Sachs is (hat tip, Rolling Stone) the vampire squid of global commerce, Ireland is the friendly leprechaun squid, green tentacles jammed down every possible orifice as quick as you can say Top o' the morning.

Olive Keogh tells us that tapping into the skills of a mature guru, the Jagger Generation, can help millennials with problem solving and professional growth.

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Have a good weekend.